Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023 June 27, 2024 By Chad Hemenway Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents...
Evolve Bank & Trust Confirms Data Was Stolen in Cyberattack June 27, 2024 By Teresa Xie and Charles Gorrivan Evolve Bank & Trust confirmed it was the victim of a cyberattack and that customer data had been posted on...
Volkswagen Recalling 307,000 Vehicles Over Air Bag Sensor Wiring June 27, 2024 By David Shepardson Volkswagen said on Wednesday it was recalling over 307,000 vehicles in North America due to a potential wiring fault that...
US P/C Insurers Post Best Q1 Underwriting Result In 17 Years June 27, 2024 By Susanne Sclafane Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S....
Dellwood Insurance Files to Dismiss ‘Insufficient’ Case Brought by AIG June 27, 2024 By Chad Hemenway Dellwood Insurance Group has filed to dismiss a lawsuit against it by American International Group, who is using the court...
NTSB Says Norfolk Southern Threatened Agency During Derailment Probe June 26, 2024 By David Shepardson The chair of the National Transportation Safety Board said Norfolk Southern threatened the board, sought to manufacture evidence and failed...
Hackers Grow More Sinister and Brazen in Hunt for Bigger Ransoms June 26, 2024 By Jeff Stone and Charles Gorrivan A hack on a London hospital has left hundreds of millions of health records exposed and forced doctors to reschedule...
Zurich to Buy AIG’s Travel Insurance Business for $600 Million June 26, 2024 By Chad Hemenway Zurich early Wednesday said it is purchasing the global personal travel insurance business of American International Group (AIG) for $600...
Food Safety Regulators Expand Bird Flu Testing in Milk Products June 26, 2024 By Leah Douglas and Julie Steenhuysen The U.S. Food and Drug Administration has begun testing more dairy products for evidence of the bird flu virus as...
People Moves: Aon’s Mann, Trombino and Younger Join WTW Financial Institutions Team; Former Fortitude CEO Bracken Hired as Zurich NA CFO June 26, 2024 WTW appointed three former Aon executives to roles within its financial institutions and professional services industry division, a part of...